SPR Property Prices Double in 5 Years, Gurugram’s Next Growth Engine Emerges
Real Estate

SPR Property Prices Double in 5 Years, Gurugram’s Next Growth Engine Emerges

"Property prices along Southern Peripheral Road (SPR), Gurugram, have surged by 125 per cent in five years, positioning the area as a potential successor to the city’s Cyber City. Rates have risen from Rs 7,690 per sq ft in 2020 to Rs 17,300 by mid-2024, according to PropEquity.

This real estate boom is being driven by robust infrastructure, commercial development, and upcoming projects. The Haryana Government’s Rs 2,000 crore allocation in the 2025–26 Budget aims to further enhance SPR’s connectivity and civic amenities. Complementing this is GMDA’s Rs 8.25 crore upgrade of the Vatika Chowk–NH-48 stretch, which includes a footpath and cycle track project covering sectors 58 to 67.

SPR is now home to major corporate offices, including American Express, Air India’s training center, and 18 commercial developments, such as Skyview Corporate Park and Bestech Business Tower. Employment in the area has crossed 82,000. New launches on SPR grew by 584 per cent between 2020 and 2024, with housing supply increasing from 1,602 to 10,962 units.

Developers like DLF and Signature Global are betting big on the region, with upcoming landmarks such as the DLF Mall of India set to boost retail and business prospects. Signature Global’s Chairman, Pradeep Aggarwal, and Krisumi Corporation’s Chairman, Ashok Kapur, both underline SPR’s strategic location and rising appeal for investors and end-users.

With proximity to key nodes—20 minutes to Sohna Road, 14 minutes to Golf Course Extension, and 16 minutes to New Gurugram—SPR offers strong connectivity. Its social infrastructure includes reputed schools, hospitals, and premium hotels, strengthening its profile as an integrated urban hub.
Recommended projects in the region include DLF Privana West, Signature Global Titanium SPR, and Eldeco Fairway Reserve.
"

Property prices along Southern Peripheral Road (SPR), Gurugram, have surged by 125 per cent in five years, positioning the area as a potential successor to the city’s Cyber City. Rates have risen from Rs 7,690 per sq ft in 2020 to Rs 17,300 by mid-2024, according to PropEquity.This real estate boom is being driven by robust infrastructure, commercial development, and upcoming projects. The Haryana Government’s Rs 2,000 crore allocation in the 2025–26 Budget aims to further enhance SPR’s connectivity and civic amenities. Complementing this is GMDA’s Rs 8.25 crore upgrade of the Vatika Chowk–NH-48 stretch, which includes a footpath and cycle track project covering sectors 58 to 67.SPR is now home to major corporate offices, including American Express, Air India’s training center, and 18 commercial developments, such as Skyview Corporate Park and Bestech Business Tower. Employment in the area has crossed 82,000. New launches on SPR grew by 584 per cent between 2020 and 2024, with housing supply increasing from 1,602 to 10,962 units.Developers like DLF and Signature Global are betting big on the region, with upcoming landmarks such as the DLF Mall of India set to boost retail and business prospects. Signature Global’s Chairman, Pradeep Aggarwal, and Krisumi Corporation’s Chairman, Ashok Kapur, both underline SPR’s strategic location and rising appeal for investors and end-users.With proximity to key nodes—20 minutes to Sohna Road, 14 minutes to Golf Course Extension, and 16 minutes to New Gurugram—SPR offers strong connectivity. Its social infrastructure includes reputed schools, hospitals, and premium hotels, strengthening its profile as an integrated urban hub.Recommended projects in the region include DLF Privana West, Signature Global Titanium SPR, and Eldeco Fairway Reserve.

Next Story
Infrastructure Transport

Gurgaon-Pataudi-Rewari Highway Set for Completion by December 2025

The National Highways Authority of India (NHAI) has set a new target to complete the four-lane Gurgaon-Pataudi-Rewari highway by December 2025, following a two-year delay.Originally planned in 2018 to upgrade the two-lane state highway into a national highway, the project is estimated to cost Rs 9 billion. Construction, which began in 2021, was initially scheduled for completion in November 2023. According to NHAI, around 70 per cent of the work is already complete, with two major structures still pending: a railway overbridge at Pahari village and a two-lane unidirectional flyover on Dwarka E..

Next Story
Infrastructure Transport

UP Plans Rs 900 Million Extensions to Hindon Elevated Road

The Uttar Pradesh state bridge corporation has prepared the detailed project report and cost estimates for two proposed extensions of the 10.3-km Hindon elevated road, officials said on Thursday. The road connects Raj Nagar Extension to UP-Gate near the east Delhi border, and the project is expected to cost around Rs 900 million.The two extensions, each 400 metres long, will be added to the existing elevated road to ensure smoother traffic flow. “One of the extensions will be from near the Kanawani culvert (near Indirapuram) to the elevated road for commuters heading towards Delhi. The other..

Next Story
Infrastructure Urban

Goa Likely to Miss October Deadline for Maritime Master Plan

Goa is expected to miss the October 31 deadline for submitting its maritime and waterways master plan, which covers the state’s 105 km coastline and river network. The delay is due to the project management consultant not yet being appointed. The plan is now anticipated to be completed by December, Captain of Ports Octavio Rodrigues stated at the India Maritime Week 2025 roadshow.“We have already selected the consultant and will bring them on board within a week. Only then can we begin drafting the master plan, which is essential to secure central government funding,” Rodrigues added.A c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?